Doomsday clock inches forward to three minutes from catastrophic midnight

Doomsday clock inches forward to three minutes from catastrophic midnight

The end of civilisation is nigh, according to ‘doomsayers’. Picture: Thinkstock. Source: News Limited

DOOMSAYERS, prepare your bunkers. The ‘Doomsday Clock’ is ticking.

The Bulletin of Atomic Scientists, a group founded by the creators of the atomic bomb, say the world is now three minutes from a catastrophic midnight and the closest it has been in 30 years.

The clock moved forward two minutes, citing global warming and the proliferation of nuclear weaponry as the world’s greatest threats.

Atomic testing in the 1950s saw the Doomsday Clock move closer to midnight than it has ever been. Picture shows testing in the Australian outback. Source: News Corp Australia

Giant asteroid to whip past earth

Photo: Shutterstock

CAPE CANAVERAL, Fla. — An asteroid up to 1,800 feet across is headed Earth’s way. But don’t worry: It will miss us by 745,000 miles, about three times the distance between Earth and the moon.

Still, that’s close for such a large rock.

NASA scientists say asteroid 2004 BL86 will come closest Monday. That will be the nearest the asteroid gets for another 200 years. And it will be the closest known encounter by such a giant space rock until another mega-asteroid flies by in 2027.

It was discovered in 2004 and is estimated to be about one-third of a mile in size, or between 1,600 and 1,800 feet.

Amateur astronomers across North America should be able to see it with telescopes and binoculars.

Gerald Celente: 'Worldwide Panic Beginning - There Is No Recovery"

By Live Free Or Die - All News Pipeline

The screenshot above from the Facebook page of Trends Forecaster Gerald Celente tells us what the mainstream media won't tell us, the looks on the faces of the business traders in the linked King World News story tells us the rest; the shocking move by the Swiss National Bank is only the BEGINNING of a much larger global meltdown; there is no recovery; we're heading towards a global economic collapse. In the video below featuring Gerald Celente with Rick Wiles on TruNews, Celente gives us his full analysis for the year 2015 beginning at the 14 minute mark.

Rick begins the program by warning that the wheels are beginning to come off the cart with the Swiss Bank decision, saying that traders were totally unprepared for what was coming: "Complete carnage" one trader said. Sharing that it's not every day that a country's central bank pulls the rug out from under so many feet, "clearly people are worried that there's something bigger afoot." Warning us that what we're watching now is only the beginning of the coming 'economic tsunami', we're also asked why the mainstream media is putting out stories about economic recovery while one of Bloomberg's lead stories is called "Mayhem Erupts On Trading Floors After Swiss Central Banks Remove Cap On Franc."From Celente at King World News: So the worst is yet to come and there is no way out.  And I would suggest to people as they look around the world at the geopolitical problems that are going on and how so many countries are becoming police states — under the guise of terrorism — that they ask themselves:  Are these countries really afraid of terrorism or are they afraid of their own populations that are losing everything and will take to the streets?  Because that’s what we see coming.  We see a global collapse.  There’s no recovery — it’s been a coverup.”

Whom Do You Fear? God Or Man?

Whom Do You Fear? God Or Man?

Saturday, December 20, 2014 4:44

(Before It's News)

 

“Fear thou not; I am with thee.”

– Isaiah 41:10

That which we see unfolding in America on a daily basis indicates that it is certainly a very fearful period of time to be alive. But I ask, “Who should be afraid, and what should they fear?”

Crisis after crisis are taking place, and many of them are contrived to bring about an unlawful change. These crises are in many cases manufactured to produce fear for the purpose of bringing you to your knees and forcing you to submit to their creators’ ungodly plans. This is the method of dictatorships.

Fear can be either a diabolical fear that submits to the fear of man, only to be conquered; or it can be a filial fear, which submits to God and His Commandments, which liberates by conquering the oppressor (Romans 8:37; Matthew 16:18).

If it is not a terrorist threat against the American people, then it is the outrage surrounding the Obama administration’s release of thousands upon thousands of criminal illegal aliens upon American cities and neighborhoods.

But I ask you, my friends, who are you to fear? Man or God?

The Psalmist points the way:

“Clouds and darkness are round about him: righteousness and justice are the habitation of his throne.

A fire goes before him, and burns up his enemies round about.

His lightnings enlightened the world: the earth saw, and trembled.

The hills melted like wax at the presence of the LORD, at the presence of the Lord of the whole earth.

The heavens declare his righteousness, and all the people see his glory. Confounded be all they that serve graven images, that boast themselves of idols: worship him, all ye gods. Zion heard, and was glad; and the daughters of Judah rejoiced because of thy judgments, O LORD.

For thou, LORD, art high above all the earth: thou art exalted far above all gods. Ye that love the LORD, hate evil: he preserveth the souls of his saints; he delivereth them out of the hand of the wicked.” – Psalm 97: 3-10

How is it that the righteous could fear the face of man in the light of Scripture, which reveals such a Mighty God? Especially since God is on the side of the righteous in Christ Jesus our Lord.

Jesus said in Luke 12:4-5, “And I say unto you my friends, Be not afraid of them that kill the body, and after that have no more that they can do. But I will forewarn you whom ye shall fear: Fear him, which after he hath killed hath power to cast into hell; yea, I say unto you, Fear him.”

This is the God of the Mosaic institution, who stated in Psalm 2:1-4 that He would laugh at those who sought to set themselves against Him and His Christ. He also declared He would pour out His wrath on them (vs. 5).

Oil price slump to trigger new US debt default crisis as Opec waits

Falling oil prices and and US shale drillers drowning in a sea of debt could be the spark for a new credit crunch 

Could falling oil price send the US recovery up in flames as drillers struggle with debt? Photo: REUTERS

By Andrew Critchlow

3:38PM GMT 14 Nov 2014

Remember the global financial crisis, triggered six years ago when billions of dollars of dodgy loans - doled out by banks to subprime borrowers and then resold numerous times on international debt markets - began to unravel and default?

Stock markets plunged, banks collapsed and the entire global financial system teetered on the brink of catastrophe. Well a similarly chilling economic scenario could be set off by the current collapse in oil prices.

Based on recent stress tests of subprime borrowers in the energy sector in the US produced by Deutsche Bank, should the price of US crude fall by a further 20pc to $60 per barrel, it could result in up to a 30pc default rate among B and CCC rated high-yield US borrowers in the industry. West Texas Intermediate crude is currently trading at multi-year lows of around $75 per barrel, down from $107 per barrel in June.

“A shock of that magnitude could be sufficient to trigger a broader high-yield market default cycle, if materialised,” warn Deutsche strategists Oleg Melentyev and Daniel Sorid in their report.

Five years ago at the beginning of what has become known as the US shale oil revolution, drillers started to load up on debt to fund their operations and acquire new acreage as vast areas of North America started to open up for exploration.

In 2010, energy and materials companies made up just 18pc of the US high-yield index – which tracks sub-investment grade borrowers – but today they account for 29pc of the measure after drilling firms spent the past five years borrowing heavily to underwrite the operations. The result of this debt splurge has been a spectacular rise in US oil and gas output.
Latest estimates suggest that by the end of the decade the US will have outstripped even Saudi Arabia and Russia in terms of oil production. The development of new shale resources in North America and the opening up of fields in the Arctic seas off Alaska could see the country pumping 14.2m barrels per day (bpd) of oil and petroleum liquids by 2020, up from 7.5m bpd in 2013.
This rush to pump more oil in the US has created a dangerous debt bubble in a notoriously volatile segment of corporate credit markets, which could pose a wider systemic risk in the world’s biggest economy. By encouraging ever more drilling in pursuit of lower oil prices, the US Department of Energy has unleashed a potential economic monster and pitched these heavily debt-laden shale oil drilling companies into an impossible battle for market share against some of the world’s most powerful low-cost producers in the Organisation of Petroleum Exporting Countries (Opec).